Results - Recruitment Debt Recovery
By way of example, we include below the results for our demand letters and winding-up petitions for our leading recruitment client for 2009 and 2010.
2009 - Leading recruitment debt recovery client
| Type of action | Amounts recovered | Total net cost to client for recoveries |
Average time for recovery |
| Demand Letters (7 cases) |
£115,229.08 | £5,789.54 | Not recorded |
| Winding up Petitions (6 cases) | £171,710.46 | £0 | 33 days |
By way of example, in 2009, we recovered a total of £288,329.89 for this client. The total hard cost to the client for these recoveries was £5,789.54.
This represents a 98 % return.
2010 - Leading recruitment client
| Type of action | Amounts recovered | Total net cost to client for recoveries |
Average time for recovery |
| Demand Letters (51 cases) |
£743,666.48 | £7,737.00 | Not recorded |
| Winding up Petitions (6 cases) | £144,676.88 | £0 | 20.6 days |
By way of example, in 2010 on debtor claims, we recovered a total of £848,343.36 for this client. The total hard cost to the client for these recoveries was £7,737.00.
This represents a 99.09 % return.